2679 Thorpe Avenue, Los Angeles, California 90065, Los Angeles, 90065 - 3 bed, 2 bath
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2679 Thorpe Avenue
Los Angeles, California 90065
ACTIVE
CONDITION: TEAR DOWN
3Beds
2Baths
1,184Sq Ft
4,001Lot Size
Property Price
LIST PRICE$959,000
EST. MARKET VALUE
$959,094
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $959,000—positioned well below the $959,094 Fair Market Value by 0.01%. Featuring a Condition Rating of 6, the structure requires major rehabilitation due to fire damage, offering a blank slate for full reconstruction. Located in a high-demand neighborhood near Aragon Avenue Elementary, this asset provides significant upside for developers. It is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors capable of managing extensive structural renovation projects.
Estimated Market Value
$959,094
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2679 Thorpe Avenue Subject 3 bd · 2 ba · 1,184 sqft · $810 | $959,000* List Price | 3 | 2 | 1,184 | $810 | - |
A 4223 Camino Real Sold 2 bd · 1 ba · 936 sqft · $994 · 0.8 mi | $930,000 | 2 | 1 | 936 | $994 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1924 and suffering from extensive fire damage to the interior, roof, and structural components. The listing explicitly states it is unlivable and requires major rehabilitation or reconstruction, fitting the criteria for a property over 50 years old with no recent renovations and significant structural defects.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Location
Situated in the high-demand Cypress Park neighborhood of Northeast Los Angeles, this property offers significant appreciation potential in a rapidly gentrifying market.
- Development Flexibility
The property presents a 'blank slate' opportunity for developers to execute a complete custom renovation or a full redevelopment on a 4,001 sqft lot.
- Proximity to Schools
Located just 0.18 miles from Aragon Avenue Elementary, the property’s location is highly convenient for families, enhancing its future resale or rental appeal.
CONSRISKS & DEFICIENCIES
- Severe Structural Damage
Extensive fire damage to the roof, interior, and structural components necessitates a total reconstruction, requiring significant capital and experienced project management.
- High Entry Price for Condition
At a list price of $959,000 for a major fixer-upper, the high acquisition cost may limit the profit margins for investors once total rehabilitation costs are factored in.
About 2679 Thorpe Avenue
INVESTOR & DEVELOPER OPPORTUNITY – MAJOR FIRE-DAMAGED FIXER! Calling all investors, contractors, and developers! This property presents an opportunity for a complete renovation or potential redevelopment. The home has sustained extensive fire damage, including significant damage to the interior, roof, and structural components. Major rehabilitation or possible reconstruction will be required. Property is being sold AS-IS, in its current condition. Ideal for experienced investors looking for their next project. Buyers to conduct their own due diligence regarding structural integrity, permits, and redevelopment possibilities. Bring your vision and transform this property!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 4,001 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Aragon Avenue Elementary School
Grades K-5 • 0.2 mi
2/10
Loreto Street Elementary School
Grades K-5 • 0.6 mi
4/10
Dorris Place Elementary School
Grades K-6 • 0.7 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,184 | 1,670.836 |
| Lot Size | 4,001 | 6,152.156 |
| Price | $959.0K | $1.34M |
| Price per sq ft | $810 | $807 |
| Built year | 1924 | 1941 |
| HOA | $0 | $238 |
| Days on market | 19 | 56 |
Pricing History
Listed for Sale
Oct 21, 2026
$959,000
Initial Listing